Cherryvale, KS vs Waterville, KS

There is a significant gap in the cost of living between these two cities. Cherryvale is 15.6% cheaper than Waterville. With a cost index of 56 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cherryvale to Waterville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cherryvale is $688/month compared to $917/month in Waterville — a 25% difference. Home values follow the same pattern: Cherryvale is more affordable at $53,300 median vs $90,300.

Median household income in Cherryvale is $47,411 compared to $70,625 in Waterville (-32.9%). While Waterville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherryvale spend roughly 17.4% of their income on rent, more than the 15.6% in Waterville.